[Lrgyot]

So sad that a company that had real potential, and put out a fantastic product looks to have gone away.

Admin Note: Link Edited

[K1W1]

Originally Posted by matt.does

So sad that a company that had real potential, and put out a fantastic product looks to have gone away.

Hi,

Where did you get the idea that they build fantastic products?

[FISHTIGUA]

Hmm,

Not sure what to make of this news, we were in there for two months after leaving Germany, to do some finishing work from a build project.

Fantastic drive-in covered drydock facility, 'Talitha G' was next to us on 'Leander' and some nice work, mostly painting and woodwork stuff, was done.

As a Royal Navy based facility, they have very limitied knowledge of yachts but under good project managment, we had a hassle-free time.

I spoke to the skipper of the 118 footer they built, while at the St.James Club in Antigua, and he hated every inch of the darned thing. Not sure what was going on at the yard, I think it was a management buyout with some Canadian money, at that time.

Any more info?

Fish

[Yacht News]

Originally Posted by K1W1

Hi,

Where did you get the idea that they build fantastic products?

Maybe because of "Samar" and "Sarafsa"

[K1W1]

Originally Posted by YachtNews

Maybe because of "Samar" and "Sarafsa"

Hi,

These are the two I was thinking of in particular plus I wonder what the Owner of P 305 makes of this news, he might have to finally take the boat and take it somewhere else.

[Lrgyot]

Devonport Yachts Ltd confirmed as privately owned company

By IBI Magazine/Michael Howorth

The UK's Devonport Royal Dockyard Ltd (DRDL), having been acquired by Babcock Marine, took the decision last year to exit the yachts market following a review of its planned naval workload over the next three to four years.

Since that announcement, a period of detailed discussions have taken place out of which an agreement was reached with Babcock/DRDL for a new company, Devonport Yachts Ltd, to acquire the Devonport superyacht brand. This, coupled with confirmation of funding from a private investor, means that company is now privately owned.

The new business will be headed by former DRDL yachts director Stephen Hills. "Having now left DRDL to become managing director of Devonport Yachts Ltd, I am currently in active negotiations to take the business forward," Hills told IBI. "This is an extremely exciting time for the brand and we remain committed to building and delivering further great yacht projects in the future."

A further announcement will be made in Monaco on September 23.
(25 August 2009)

[Hiper]

If I recall, they almost closed their yacht facilities prior to signing the build contract for Samar followed by Sarafsa. I think those 2 yachts gave it a temporary lease on life, but that didn't last long.